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Home / Metal News / LME Aluminum to Continue Testing Support (2017-8-25)

LME Aluminum to Continue Testing Support (2017-8-25)

iconAug 25, 2017 09:20
Source:SMM
LME aluminum will continue testing support at the 5-day moving average and range USD 2,085-2,105/mt today.

SHANGHAI, Aug. 25 (SMM) –LME aluminum will continue testing support at the 5-day moving average and range USD 2,085-2,105/mt today. SHFE 1711 aluminum will move within RMB 16,500-16,750/mt.  

In east China’s spot aluminum market, spot discounts are expected at RMB 220-180/mt over SHFE 1709 aluminum contract. 

Key Macroeconomic Indicators for Base Metal Prices (2017-8-25)
 

SHFE aluminum prices
aluminum prices
Al price
base metal price forecast

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